• KZT/USD = 0.00212
  • TJS/USD = 0.10810
  • UZS/USD = 0.00008
  • TMT/USD = 0.29760
  • KZT/USD = 0.00212
  • TJS/USD = 0.10810
  • UZS/USD = 0.00008
  • TMT/USD = 0.29760
  • KZT/USD = 0.00212
  • TJS/USD = 0.10810
  • UZS/USD = 0.00008
  • TMT/USD = 0.29760
  • KZT/USD = 0.00212
  • TJS/USD = 0.10810
  • UZS/USD = 0.00008
  • TMT/USD = 0.29760
  • KZT/USD = 0.00212
  • TJS/USD = 0.10810
  • UZS/USD = 0.00008
  • TMT/USD = 0.29760
  • KZT/USD = 0.00212
  • TJS/USD = 0.10810
  • UZS/USD = 0.00008
  • TMT/USD = 0.29760
  • KZT/USD = 0.00212
  • TJS/USD = 0.10810
  • UZS/USD = 0.00008
  • TMT/USD = 0.29760
  • KZT/USD = 0.00212
  • TJS/USD = 0.10810
  • UZS/USD = 0.00008
  • TMT/USD = 0.29760

Viewing results 1 - 6 of 738

Tokayev and Trump Put Results at the Center of a Growing Partnership

Investment, nuclear security and a possible visit to Kazakhstan featured in a July 10 telephone call between Kazakh President Kassym-Jomart Tokayev and U.S. President Donald Trump. Tokayev began by congratulating Trump on the 250th anniversary of U.S. independence. He noted that the United States had become a global superpower within three generations and expressed support for what Akorda described as the Trump administration’s “common-sense policies”. The Kazakh president also said those policies aligned with his own vision of building a Just Kazakhstan based on law and order. The language reflected the increasingly warm tone of the relationship and Tokayev’s effort to engage Trump through themes of national strength, order and economic achievement. The discussion soon turned to results. Tokayev reported progress in implementing agreements reached during his November 2025 visit to Washington. During that visit, Kazakh and U.S. partners announced 29 deals and cooperation initiatives worth nearly $17 billion, according to Kazakh officials. They included a planned $1.1 billion tungsten project involving U.S.-based Cove Capital. Kazakhstan’s scale gives the relationship wider strategic weight. By far Central Asia’s largest economy, it accounted for 56.4% of the combined GDP of the region’s five states in 2025, based on World Bank data. Kazakhstan also held 66.4% of Central Asia’s inward foreign direct investment stock at the end of 2025, according to UNCTAD. Its importance to the United States and its allies is equally concrete. Kazakhstan-origin material accounted for 24% of foreign-origin uranium deliveries to U.S. civilian nuclear-power operators in 2024, second only to Canada, according to the U.S. Energy Information Administration. Kazakhstan also accounted for 12.7% of the value of the European Union’s crude petroleum-oil imports from outside the bloc in 2025, behind only the United States and Norway, according to Eurostat. That economic and strategic weight helps align the priorities of the two governments. Washington wants dependable sources of critical minerals and more resilient supply chains. Kazakhstan wants American capital and technology to expand processing, manufacturing and higher-value production. The November package provided a framework for moving the relationship from political interest toward concrete commercial projects. Senator Steve Daines has helped sustain that momentum. Akorda specifically mentioned Tokayev’s recent meeting with Daines, alongside his contacts with U.S. Special Envoy for South and Central Asia Sergio Gor, other White House officials and American business leaders. Daines has become one of Washington’s leading advocates for closer engagement with Kazakhstan and the wider Caspian region. In a June speech on U.S. relations with the region, he called for new mines, upgraded infrastructure and artificial-intelligence investment. He also pressed Congress to repeal the Jackson–Vanik restrictions still affecting Central Asia. For Kazakhstan, the lingering Cold War-era measure leaves normal trade relations subject to annual review rather than permanent status. Its removal would provide greater political certainty for long-term American investment. The most strategically significant language in the Akorda readout concerned nuclear non-proliferation. Tokayev reaffirmed Kazakhstan’s commitment to “non-proliferation of nuclear weapons and enriched uranium” and stressed close collaboration with the International Atomic Energy Agency to ensure effective...

EBRD Invests $125 Million in Kazakhstan Railway Operator Eurobond

The European Bank for Reconstruction and Development is investing up to $125 million in a Eurobond issue by Kazakhstan’s national railway operator, Kazakhstan Temir Zholy (KTZ). The bond, with a total value of up to $1 billion, was listed on the London Stock Exchange, Kazakhstan Stock Exchange, and Astana International Exchange. The EBRD’s investment will help modernize passenger stations across Kazakhstan, supporting improvements in safety and operational performance. The upgraded stations are expected to offer higher throughput capacity, modern lighting, and significant enhancements for passengers with disabilities. According to the Kazakh Ministry of Transport, a large-scale reconstruction and modernization program covering 124 railway stations nationwide began in 2025. The initiative aims to improve convenience and accessibility for all passengers, including those with disabilities, and to bring Kazakhstan’s railway infrastructure in line with international quality and safety standards. Additional infrastructure upgrades financed by the bond will take place along the Trans-Caspian Corridor and are expected to support more sustainable rail transportation between Europe and Asia. The EBRD will also mobilize technical cooperation funds to help KTZ adopt international standards in passenger rail services, including measures to strengthen cybersecurity. KTZ owns and operates a 16,400-kilometer railway network and manages more than 1,700 locomotives, 46,800 freight cars, and 2,300 passenger cars. In the first quarter of 2026, KTZ transported approximately 3.2 million passengers. KTZ also transported 64.5 million tons of cargo in the first quarter of 2026, an increase of 360,000 tons compared to the same period last year. Domestic shipments accounted for 40.8 million tons, while exports totaled 23.7 million tons, up 2.2%.

Chinese Firm Eyes Virus-Free Potato Production in Kazakhstan

Kazakhstan is in discussions with China’s Inner Mongolia Muland Agricultural Technology Co., Ltd over the establishment of a high-tech facility to produce virus-free seed potatoes, according to the Ministry of Agriculture. The proposal was reviewed during a meeting between Agriculture Minister Aidarbek Saparov and the company’s CEO, Wei Jinglong. Virus-free seed potatoes are cultivated using in vitro techniques that eliminate pathogens and diseases, improving varietal purity and significantly boosting yields. Specialists estimate that such methods can increase output by 30-50% compared with conventional seed tubers. Saparov said potato farming remains a strategically important sector of Kazakhstan’s agricultural industry. In 2025, potatoes were planted on 131,000 hectares, with total production reaching 2.8 million tons. “Developing a technologically advanced domestic seed production system is a key priority for the sector. It is about building a sustainable foundation for food security,” Saparov said. He added that expanding biotechnology and scaling up the production of virus-free planting material would help reduce dependence on imports and enhance the competitiveness of Kazakhstan’s domestic breeding programs. At present, 22 specialized farms in Kazakhstan produce original and elite seed potatoes. Biotechnological laboratories, including the Kazakh Research Institute of Fruit and Vegetable Growing, play a crucial role. The Chinese company has expressed interest in building a laboratory and greenhouse complex using advanced technologies to produce micro- and mini-tubers, drawing on its experience implementing similar projects. “The project envisions launching industrial-scale production of high-quality seed material and developing export potential targeting Central Asian markets,” the ministry said. Company representatives indicated they plan to begin implementation in the near term, with the first batch of seed material expected within a year. The Times of Central Asia previously reported that another Chinese firm, Snow Valley Agricultural Group Co. Ltd, is planning to build a deep-processing potato facility in Kazakhstan’s Pavlodar region.

Kazakhstan Develops AI System for Drilling Monitoring with Plans for Export

Kazakhstan has developed a domestically produced AI system for real-time monitoring of drilling operations and plans to promote it in international markets, Energy Minister Yerlan Akkenzhenov has announced. Speaking at a government meeting on April 28 focused on integrating AI into the economy, Akkenzhenov announced the creation of an AI alliance under the Ministry of Energy. The alliance brings together technology companies, industry participants, and developers to coordinate the deployment of digital solutions, with a priority on local innovations. One of the alliance’s key initiatives is an intelligent drilling monitoring system currently undergoing pilot implementation. According to Akkenzhenov, the system covers more than 4,000 wells and analyzes production data in real time, identifying anomalies and forecasting output levels. The pilot project is being implemented at facilities operated by KazMunayGas and other subsoil users. The deployment is expected to reduce well downtime by up to 20% and generate an estimated economic benefit of around $2.2 million annually. “It is important that the system has been developed in Kazakhstan and has export potential. Work is currently underway to promote it in international markets, including the United States,” Akkenzhenov said. The minister added that AI is also being used to monitor the circulation of petroleum products. The system processes real-time data from oil refineries, storage facilities, the national railway operator Kazakhstan Temir Zholy (KTZ), and government agencies. This enables more accurate forecasting of fuel reserves and helps identify risks of shortages or excess supply. “The expected outcome is an increase in planning accuracy to 85% and savings of up to $48.4 million annually,” the minister said. The system was developed through cooperation between KazMunayGas and the Kazakh-British Technical University as part of the AI-Sana program aimed at strengthening AI capabilities. According to the ministry, the AI alliance has developed a portfolio of 45 projects, 10 of which are currently under evaluation and preparation for implementation. The Times of Central Asia previously reported that President Kassym-Jomart Tokayev had instructed the creation of a specialized artificial intelligence university in Kazakhstan.

Kazakhstan’s Auto Industry Expands Output Amid Strong Demand

Kazakhstan’s automotive industry is increasing production on the back of strong domestic demand and ongoing localization policies. However, the sector is expected to face challenges in expanding into export markets in the coming years. In 2025, the country produced approximately 171,000 vehicles, while sales reached around 235,000 units, according to industry data. The broader engineering sector has expanded 8.5-fold over the past decade, reaching a historic high. Automotive manufacturing accounts for about 41% of this segment, making it one of the key non-resource drivers of the economy. One of the main factors behind growth is demand for fleet renewal. According to Zhaslan Azenov, advisor to the president of the Kazakhstan Automobile Union, the country’s passenger car fleet totals around 5.9 million vehicles, with more than 40% older than 20 years. The share of domestically produced vehicles in total sales reached 69% in 2025, reflecting the strengthening of local production, Azenov told The Times of Central Asia. Kazakhstan currently has 11 automotive manufacturers in operation, with one additional project under development. Major production sites are located in Kostanay, Almaty, Semey, Kokshetau, Saran, and Uralsk. Among the most popular brands on the market are Hyundai, Chevrolet, and Kia. The Chevrolet Cobalt remains the top-selling model, followed by the Hyundai Tucson, Kia Sportage, Hyundai Mufasa, and Hyundai Elantra. “Among the most popular models, the absolute leader is the Chevrolet Cobalt. The top five also includes Hyundai Tucson, Kia Sportage, Hyundai Mufasa, and Hyundai Elantra,” the industry representative said. At the same time, the presence of Chinese manufacturers is growing rapidly. Their market share has increased from 2% in 2020 to 39% by the end of 2025, driven by aggressive market entry strategies and plans for localized production. Deepening localization remains a key priority. Projects are underway to produce automotive components domestically, including interior elements, body parts, technical systems, and electronics. This is expected to reduce dependence on imports and lower production costs. “Kazakhstan is transitioning from simple assembly to deep localization. Today, we have a number of production facilities for interior components such as seats, flooring, headliners, and mats. In exterior components, we produce bumpers, plastic parts, and mudguards; in technical systems, exhaust systems, cooling and heating systems, wiring harnesses, fuel and brake lines; as well as consumables such as batteries, tires, paints, and sealants. In electronics, we are developing multimedia systems,” Azenov said. The electric vehicle segment remains at an early stage of development. As of September 2025, just over 22,000 electric vehicles were registered in the country, including around 21,000 passenger cars. Industry growth has also been accompanied by rising employment. The number of workers in automotive manufacturing increased from around 2,000 in 2018 to more than 11,000 in 2025. “It should be noted that the industry’s growth has been accompanied by a significant increase in jobs. If in 2018 just over 2,000 people were employed in automotive manufacturing, by 2025 this figure exceeded 11,000,” Azenov added. According to industry forecasts, vehicle sales could reach around 247,000 units in 2026, while...

AI in Kazakhstan to Affect Four Million Jobs in Next Decade, Says Labor Ministry

Around half of all professions in Kazakhstan are expected to change under the impact of AI over the next decade, with some jobs declining and others disappearing entirely, lawmakers and government officials have said. Daniya Yespayeva, Deputy Chair of the lower house of parliament, the Mazhilis, citing data from the Ministry of Labor, stated that by 2035, transformations will affect 562 jobs, about 44% of the labor market, equivalent to roughly 4 million workers. According to her, employment in 46 professions, covering around 362,000 people (about 4% of the labor market), is expected to decline, while 14 professions, employing approximately 49,000 people, may disappear completely. Yespayeva did not specify which professions are at greatest risk. However, Minister of Science and Higher Education Sayasat Nurbek noted that couriers and taxi drivers could be among the first affected. He said that around 700,000 people in Kazakhstan currently work in these sectors through platforms such as Glovo, Yandex, and Wolt. “These are temporary forms of employment. As early as this year, several Kazakh companies are launching autopilot technologies in both taxi services and delivery, so within a few years, couriers and taxi drivers may no longer be needed,” Nurbek said, urging citizens to focus on more sustainable career paths. Earlier reports indicated that a pilot drone delivery project could be launched in Almaty, while driverless taxis are planned for introduction in Astana. Askhat Aimagambetov, a Mazhilis deputy, also warned about risks facing several popular academic fields. According to him, in 2025, the highest competition for university admissions was in programs such as Translation Studies, International Relations, and Law, fields that, in his view, could be among those most affected by automation. Aimagambetov stressed the need to revise the allocation of state-funded educational grants to avoid encouraging training in professions at high risk of decline. He also noted that employment among young developers aged 22-25 declined by nearly 20% over the past year, despite significant investment in IT education. “We are training an army of coders at a time when AI is already writing code itself. It is no longer enough to train ‘coders of yesterday,’” he said. Nurbek agreed with this assessment, pointing to a shortage of specialists in eight key sectors, including advanced manufacturing, digital technologies, clean energy, finance, life sciences, defense, creative industries, and professional services. According to him, part of the gap is being addressed through private-sector involvement. Kazakhstan has established 75 joint laboratories across 19 universities in partnership with companies such as Amazon Web Services, Cisco, Huawei, Schneider Electric, and Honeywell, as well as Eurasian Resources Group, Freedom Holding, and KEGOC. More than 7,500 students are currently studying in these laboratories across 179 disciplines. Business investment in these initiatives has totaled around $5.2 million, although the minister noted that such efforts remain limited in scope. “If this gap is not addressed, the education system will continue to train specialists for yesterday’s economy,” Nurbek said, emphasizing that aligning education with economic needs has become a matter of national security.